Thread: Bquat's Account Talk

Originally Posted by KevinD

Heres another explanation.

http://en.wikipedia.org/wiki/Candlestick_chart

I understand it.

Where O' Where is Bquat? What does that ("Bquat") mean by the way?

As for trading...now I am getting nervous again. I always like to be in C/S/I at the start of a month to maximize my trade allowance but I am watching Friday closely. He!!, who am I kidding, I'm sticking in for now!

Take care!

-mcq

Originally Posted by Mcqlives

Where O' Where is Bquat? What does that ("Bquat") mean by the way?

As for trading...now I am getting nervous again. I always like to be in C/S/I at the start of a month to maximize my trade allowance but I am watching Friday closely. He!!, who am I kidding, I'm sticking in for now!

Take care!

-mcq

Had computer problem and had to work it out. Bquat (QB) old army nickname because of long name. Mc Q lives aka John Wayne?

Holding breath at 1330.97 S&P as tripple top area.

Originally Posted by Bquat

Had computer problem and had to work it out. Bquat (QB) old army nickname because of long name. Mc Q lives aka John Wayne?

Ah, I shudder to think what story in the army got you Bquat as a nickname. Mine was Squirrel (I packed **** away for bartering/trading all the time...kind of a Radar in the late 80's).

Smart man on the John Wayne link...watched the show as a little kid and remember it fondly.

I did not like how the day ran from early afternoon on. The triple top you referenced may have turned into a quadruple. Have to see the action overnight to set up for tomorrow and Friday.

Take care!

Originally Posted by Mcqlives

Ah, I shudder to think what story in the army got you Bquat as a nickname. Mine was Squirrel (I packed **** away for bartering/trading all the time...kind of a Radar in the late 80's).

Smart man on the John Wayne link...watched the show as a little kid and remember it fondly.

I did not like how the day ran from early afternoon on. The triple top you referenced may have turned into a quadruple. Have to see the action overnight to set up for tomorrow and Friday.

Take care!

Well tomorrow will tell. It was a high base a little. Didn't go down that low after hitting the top for today. 1328 did seem to hold and didn't seem like a fast drop.

Bearish 55\45.

I'm thinking down to 1321 support and maybe some consolidation while investers wait for reports on friday. Then look for jump either direction. Have to watch tomorrow to determine friday.

Originally Posted by Bquat

Well tomorrow will tell. It was a high base a little. Didn't go down that low after hitting the top for today. 1328 did seem to hold and didn't seem like a fast drop.

Bearish 55\45.

I'm thinking down to 1321 support and maybe some consolidation while investers wait for reports on friday. Then look for jump either direction. Have to watch tomorrow to determine friday.

Bq, I am not sure we will see some consolidation today. Not that it couldn't happen, the market does what it wants to do. But today is the end of the 1st quarter, even though tomorrow is the last trading day of the week. I think the boy's will want to increase 1st quarter profits and then lock in the winnings tomorrow or Monday, then try to establish a new high next week. But then I am ususally more wrong than right. With that said have an extra pair of sticky pants ready.

Originally Posted by Bquat

Well tomorrow will tell. It was a high base a little. Didn't go down that low after hitting the top for today. 1328 did seem to hold and didn't seem like a fast drop.

Bearish 55\45.

I'm thinking down to 1321 support and maybe some consolidation while investers wait for reports on friday. Then look for jump either direction. Have to watch tomorrow to determine friday.

Ok, 1325 and consolidation. It looks like a highbase consolidation, too.
May be good for Bulls. In one or two hours we'll see the move. Either profit taking or buying because the high base held.

Agreed...either way it won't be much of a move off of the flat line, at least I don't think. Tomorrow will tell us more.

1343 and double top? Are the bulls strong enought to break it?

Questions, questions ,questions, what to do?

I think as fast as we are moving up, profit will be taken by the big boys before the weekend.

Originally Posted by Bquat

I think as fast as we are moving up, profit will be taken by the big boys before the weekend.

I hope not.